Author: Jeremy Ryan

Magic Eden, a leading NFT marketplace built on the Solana blockchain, broke new ground in March 2024 by recording its highest monthly trading volume to date at $756.5 million. According to the recently released CoinGecko Q1 2024 report, in the first quarter of 2024, the top 10 NFT marketplaces saw trading volumes reach $4.7 billion. In the report, Magic Eden’s impressive March performance is attributed to launching its Diamond reward program and expanding into Ethereum-based NFTs through a partnership with Yuga Labs. These enhancements have boosted the platform’s trading volume, recording a massive $0.76 billion in March alone.Despite Magic Eden’s record-breaking…

CyberKongz began airdropping its first batch of Bitcoin NFTs yesterday—strategically ahead of tomorrow’s Runes Protocol debut and the Bitcoin Halving event.The NFT project dubbed ‘Prometheans’ aims to release 21,000 assets across 16 different batches. To date, 8,400 NFTs have been airdropped to 20 leading Ordinals communities and 1,200 CyberKongz holders on the Ethereum blockchain. “One of the most important aspects of Prometheans was to onboard individuals from other chains into Ordinals, to show them the beauty of what is happening,” states CyberKongz in an X post. Akin to the successful Bitcoin Ordinals airdrop Runestone, trading on Magic Eden (ME) soon followed the debut. Already, Prometheans hold an…

What is Banksters?Banksters is an NFT-based Play & Earn game that combines elements of crypto, simulated trading, and mining, available for download on Android and IOS devices.Inspired by the fusion of banking and gangster themes, users engage in a fictional crypto world, where they compete based on their trading skills to win real cryptocurrency prizes. It features an interactive web3 experience, allowing players to learn trading basics and compete in a risk-free environment.Alexandru Carbunariu, CEO and CMO at Banksters, shared, “Banksters is more than a game; it’s an educational journey into the world of cryptocurrency.”Banksters also plans to launch its $BARS…

Yuga Labs has recently sold two of its gaming intellectual properties (IPs), HV-MTL and Legends of the Mara, to Faraway, a well-known Web3 gaming studio. The aim of this strategic move by Yuga Labs is to focus its efforts on the development of its two major projects, Otherside and Dookey Dash.Faraway has a strong team of over 100 skilled professionals and is backed by key investors such as Lightspeed, Sequoia, and Andreessen Horowitz (a16z), is well-equipped to take these IPs to new heights. The acquisition marks a significant milestone for Faraway as it integrates these properties into its existing ecosystem…

Sky Mavis announced that Ragnarok Online will debut on Ronin blockchain with the release of Ragnarok: Monster World, a MMORPG. This strategic game will combine tower defense and monster collection elements, offering players a new and immersive gaming experience.A Brief History of the Legendary FranchiseFor those unfamiliar with the franchise, Ragnarok Online has been around since 2002 and has gained a global following with over 167 million downloads to date. The series has proved to be a massive success, generating billions in revenue and achieving over 150 million downloads across PC and mobile platforms. With such an established fan base,…

The anticipated transition from Alpha to Beta for My Neighbor Alice, the community-driven gaming platform, has finally arrived. This new phase comes with various strategic enhancements and key innovations that aim to elevate the player experience and strengthen community engagement.The team behind My Neighbor Alice has been working towards creating a more immersive and engaging experience for its players. With the launch of Beta Season 1, their efforts are coming to fruition.One of the biggest additions in Beta Season 1 is the new emote and trading systems. These features enhance player communication and foster social connections within the game. The emote…

In the world of gaming, user engagement is crucial for success. With the rise of Web3 technology, gaming companies are constantly seeking new ways to attract and retain players. In line with this goal, two industry leaders, Forge and Xterio, have announced a collaboration to enhance user engagement through their combined offerings.Forge, a game rewards and engagement platform, has joined forces with Xterio, a flourishing Web3 gaming ecosystem. This partnership aims to merge Forge’s gaming services with Xterio’s extensive first- and third-party Web3 games library. Furthermore, the collaboration aims to boost awareness and introduce Xterio’s games to a wider audience.SocialFi…

What is Ragnarok: Monster World?Ragnarok: Monster World is a strategy game blending tower defense and monster collecting elements set in the Ragnarok universe.The game offers players the opportunity to collect Ragmons, unique creatures that are central to the game, serving both in-game and on-chain functions. Players can construct powerful Ragmon decks, which will be obtainable through the Mavis Market or in-app purchases.Moreover, players can engage in PvP battles, guild conquests, and PvE missions for rewards which are distributed in ZENY points. These points are exchangeable for in-game currencies or the token $ZENY, to be introduced post-launch.With its blend of familiar…

The art powerhouse Christie’s concluded its first-ever Bitcoin Ordinals online auction yesterday, featuring four collections from the Ordinals Maxi Biz (OMB) series. Renowned in the digital art market, the OMB series frequently ranks among the top five in market caps for Bitcoin NFTs. It includes a limited edition of 5,141 works and boasts a market cap of approximately $53.4 million (856.80 BTC). Artworks which were auctioned off included ‘Red, Blue, Green, and Orange Eye OMB Set’, ‘Artists Journal’ and ‘This is Me’ by Tony Tafuro, alongside ‘Recording in Progress’ by Berkin Bags.Although their anticipated high prices fell short, each item garnered substantial global…

Trending Bitcoin Ordinals Following the highly anticipated Halving event, coinciding with the launch of a new Ordinals protocol called Runes, there has been a noticeable surge in these Bitcoin NFTs in particular:Must read: The Bitcoin Runes Protocol Will Debut Soon—Why Care? (nftplazas.com)RunestoneLaunched in March, Runestone airdropped over 112,000 Ordinals assets for free to collectors who met specific criteria during Bitcoin’s initial year.These digital crystals are now highly coveted, commanding a market cap of $579.32 million (9,206 BTC)—the largest on Bitcoin. Furthermore, its 24-hour trading volume has increased by 9.1% to $418,130 (6.60 BTC).Runestone holders are also eagerly awaiting up to three token airdrops…